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I took a look at the on-chain data from $WEN on Solana ( Meteora Pool ) – interesting movement there.
The 24h trading volume is around 3,520 dollars, with sales at just under 2,916 dollars. A slight buying pressure is noticeable. The liquidity is currently around 22,200 dollars, and the market cap is around 59,000 dollars.
Typical micro-cap territory – volatile, but that’s exactly why it’s exciting for some traders. Those who watch such low-cap gems should of course keep an eye on the risks. Liquidity is manageable, but it could quickly become tight with larger trades.
What do you think – is it worth taking a closer look or better to stay away from such mini-caps?